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Thread: ask a question

  1. #1
    hujiang is offline Newbie
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    Default ask a question

    What's the meaning of "the cash advance rate is usually 3 percent"?

  2. #2
    Join Date
    Sep 2003
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    Default Re: ask a question

    Hello hujiang.

    $100 <- that's the amount you borrow.
    3% <- that's the fee for borrowing the money (the cash advance rate).
    $103 <- that's the amount you owe; the amount you have to pay back.

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